BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers integrated on-line, mobile, and telephone banking services. As of December 31, 2017, it operated through a network of 87 branches located in 15 Florida counties; and 6 banking centers in the New York metropolitan area, as well as 89 automated teller machines. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was founded in 2009 and is headquartered in Miami Lakes, Florida.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryRegional Banks
SectorFinance
Phone305-569-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.58 billion
Profitability
Miscellaneous
Employees1,763
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable
BankUnited (NYSE:BKU) Frequently Asked Questions
What is BankUnited's stock symbol?
BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."
How often does BankUnited pay dividends? What is the dividend yield for BankUnited?
BankUnited declared a quarterly dividend on Monday, December 24th. Stockholders of record on Monday, January 14th will be given a dividend of $0.21 per share on Thursday, January 31st. This represents a $0.84 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Friday, January 11th. View BankUnited's Dividend History.
How will BankUnited's stock buyback program work?
BankUnited declared that its board has authorized a share repurchase plan on Wednesday, January 24th 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.
How were BankUnited's earnings last quarter?
BankUnited (NYSE:BKU) issued its quarterly earnings data on Wednesday, January, 23rd. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.01. The financial services provider earned $328.38 million during the quarter, compared to analysts' expectations of $314.33 million. BankUnited had a net margin of 20.31% and a return on equity of 10.84%. The business's revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 EPS. View BankUnited's Earnings History.
When is BankUnited's next earnings date?
What price target have analysts set for BKU?
9 brokerages have issued 1 year price targets for BankUnited's stock. Their forecasts range from $34.00 to $47.00. On average, they anticipate BankUnited's stock price to reach $40.3333 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for BankUnited.
What is the consensus analysts' recommendation for BankUnited?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BankUnited in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BankUnited.
Has BankUnited been receiving favorable news coverage?
Media coverage about BKU stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. BankUnited earned a news impact score of 1.1 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of BankUnited's key competitors?
Some companies that are related to BankUnited include Cincinnati Financial (CINF), Nasdaq (NDAQ), Arch Capital Group (ACGL), KKR & Co Inc (KKR), Comerica (CMA), Lincoln National (LNC), Vornado Realty Trust (VNO), WP Carey (WPC), SVB Financial Group (SIVB), Extra Space Storage (EXR), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Nomura (NMR), UDR (UDR), Invitation Homes (INVH) and E*TRADE Financial (ETFC).
What other stocks do shareholders of BankUnited own?
Who are BankUnited's key executives?
BankUnited's management team includes the folowing people:
- Mr. Rajinder P. Singh, Founder, Chairman, Pres & CEO (Age 48)
- Ms. Leslie N. Lunak, Chief Financial Officer (Age 61)
- Mr. Thomas M. Cornish, Chief Operating Officer (Age 60)
- Mr. Jeffrey Starr, Gen. Counsel of BankUnited, National Association (Age 58)
- Mr. Rishi Bansal, Chief Investment Officer of BankUnited, National Association (Age 45)
Who are BankUnited's major shareholders?
BankUnited's stock is owned by a number of of institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (6.64%), BlackRock Inc. (4.42%), Jennison Associates LLC (3.31%), Millennium Management LLC (3.18%), Dimensional Fund Advisors LP (2.33%) and FMR LLC (2.33%). Company insiders that own BankUnited stock include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, John N Digiacomo, Mark Bagnoli, Rajinder P Singh, Thomas M Cornish and William S Rubenstein. View Institutional Ownership Trends for BankUnited.
Which institutional investors are selling BankUnited stock?
BKU stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Millennium Management LLC, Bank of America Corp DE, FMR LLC, D. E. Shaw & Co. Inc., PNC Financial Services Group Inc., Prudential Financial Inc. and American Century Companies Inc.. Company insiders that have sold BankUnited company stock in the last year include Mark Bagnoli, Rajinder P Singh and Thomas M Cornish. View Insider Buying and Selling for BankUnited.
Which institutional investors are buying BankUnited stock?
BKU stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, APG Asset Management N.V., Dimensional Fund Advisors LP, Shoals Capital Management LP, Diamond Hill Capital Management Inc., Los Angeles Capital Management & Equity Research Inc., Brandywine Global Investment Management LLC and Southside Capital LLC. Company insiders that have bought BankUnited stock in the last two years include John N Digiacomo and William S Rubenstein. View Insider Buying and Selling for BankUnited.
How do I buy shares of BankUnited?
Shares of BKU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BankUnited's stock price today?
One share of BKU stock can currently be purchased for approximately $36.02.
How big of a company is BankUnited?
BankUnited has a market capitalization of $3.55 billion and generates $1.58 billion in revenue each year. The financial services provider earns $324.87 million in net income (profit) each year or $2.36 on an earnings per share basis. BankUnited employs 1,763 workers across the globe.
What is BankUnited's official website?
How can I contact BankUnited?
BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The financial services provider can be reached via phone at 305-569-2000 or via email at [email protected]
MarketBeat Community Rating for BankUnited (NYSE BKU)
MarketBeat's community ratings are surveys of what our community members think about BankUnited and other stocks. Vote "Outperform" if you believe BKU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKU will underperform the S&P 500 over the long term. You may vote once every thirty days.
